Multi-million dollar fit-out | Landmark Bayside hospitality venue – Expressions of Interest! 7
A multi-million dollar transformation, an exquisite near-new fit-out and a landmark Bayside location – this is a hospitality opportunity that would be exceptionally costly to replicate!
Positioned on the prominent corner of Beach Road and Centreway in the heart of Mordialloc, Chiki Chan offers an extraordinary opportunity to acquire a substantial, fully developed restaurant, bar and entertainment venue just moments from the beach.
Following an extensive multi-million dollar redevelopment, the venue presents in virtually as-new condition, with exceptional attention to detail across its dining areas, bars, function spaces, plant, equipment and furnishings.
Having commenced trading in September 2024, this impressive hospitality destination offers an incoming purchaser the opportunity to take advantage of significant capital investment already completed.
Key highlights:
• Exquisite multi-million dollar fit-out presenting as new
• Licensed capacity for 367 patrons
• Chiki Chan restaurant and Hiki Bar
• Multiple dining, bar, function and entertainment spaces
• Indoor and outdoor hospitality areas
• On-Premises liquor licence to 1.00 am
• FY2026 revenue of approximately $4.83 million, as reported by the existing tenant
• Long-term lease with options through to 2049
• Outstanding Mordialloc location, moments from the beach
The sheer scale and versatility of this venue create exciting possibilities for established hospitality groups, experienced operators or buyers seeking a flagship Bayside location.
With the major investment already made, an incoming operator can focus on building the business, developing functions and events, or introducing an entirely new hospitality concept.
The vendor is committed to selling – this is a genuine opportunity to secure a spectacular hospitality venue at a fraction of the potential cost of recreating it.
Contact Kevin Connolly or Rohan Pertzel today for further information or to arrange a confidential inspection.
Property Address
- Address: 2-6 Centreway
- Area: VIC - South West
- City: Mordialloc
- Country: Australia
- Zipcode: 3195
Property Overview
Price:
Expressions of Interest Invited
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